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Initial unaudited results for the half year ended 30 June 2017.
Jul 12, 2017 - 01:33PM Company : AL JAZEERA SERVICES

In compliance with the regulatory requirements, the Management of Al Jazeira Services Co. SAOG

is pleased to announce the initial unaudited results for 6 months ended 30 June 2017 as below:

 

 

30/Jun/17

30/Jun/16

% change 

 

Group

Parent

Group

Parent

Group

Parent

 

 

 

 

 

 

 

Revenue 

     4,209,832

              -  

     4,793,221

              -  

-12%

         -  

Operating Expenses

    (3,667,118)

    (127,829)

    (4,084,227)

     (110,147)

-10%

16%

Operating Profit/ (Loss)

        542,714

    (127,829)

       708,994

     (110,147)

-23%

16%

Profit from Investments

        297,814

     862,162

       491,423

   1,208,690

-39%

-29%

Profit  before tax

        840,528

     734,333

     1,200,417

   1,098,543

-30%

-33%

Tax 

       (100,528)

              -  

        (94,662)

              -  

6%

         -  

Profit  after tax

        740,000

     734,333

     1,105,755

   1,098,543

-33%

-33%

Basic earning per share

           0.007

         0.007

           0.010

         0.010

-33%

-33%

Book value per share

0.205

0.204

0.204

0.203

0%

0%

 

 

 

 

 

 

 

Please note : 

The above results are initial and un-audited  and subject to review  and  approval of Audit Committee  and Board of Directors.